Puerto Vallarta News

Puerto Vallarta News

Shoes In Mexico Are About to Get More Expensive

Mexico's government said it will impose a tariff of up to 30 percent on footwear imports, part of a package of measures to combat what it says is unfair competition in that sector.

During the Leather and Footwear Fair in the central city of Leon, Mexican Finance Secretary Luis Videgaray said all footwear imports will be hit with a tariff equivalent to between 25 percent and 30 percent of their declared customs value.

The package of measures nullifies a decree that had established a program of phased tariff reductions.

In recent years, Mexico has carried out an "indiscriminate process . . .

Read Full Story

Related Posts

puerto vallarta whale season

Puerto Vallarta whale watching is peaking right now

Puerto Vallarta whale watching is underway as humpbacks arrive to mate and calve. Learn what...
Mexico condemns Maduro capture

Mexico condemns Maduro capture and calls it illegal force

Mexico condemns Maduro capture after U.S. strikes in Venezuela, calling it illegal under the UN...
Gulf of California LNG

Gulf of California LNG faces fresh court injunctions

Gulf of California LNG lawsuits were accepted by federal courts, forcing agencies and the presidency...
Rosca baby tamales

You Found the Baby Now You Owe Everyone Tamales

Find the baby in the rosca and you “pay” later on Candelaria Day by bringing...